Pakistan’s Liquid Foreign Reserves position

Pakistan’s Liquid Foreign Reserves position

KARACHI, Mar 30 (APP): The total liquid foreign reserves held by the country stood at US$ 9,815.9 million as of March 24, 2023.

According to a weekly report of the State Bank of Pakistan (SBP), the break-up of the foreign reserves position is as under

i)Foreign reserves held by the State Bank of Pakistan: US$ 4,244.3 million

ii)Net foreign reserves held by commercial banks: US$ 5,571.6 million

iii)Total liquid foreign reserves: US$ 9,815.9 million

During the week ended on March 24, 2023, the SBP’s reserves decreased by US$ 354 million to US$ 4,244.3 million due to external debt repayment.

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